AAPL - iPad3 - March 7 - Buy the rumour, sell the news.

[ForexForex]

I did some additional research and I came up with this leaked photo of the iPad3. It looks like they have simplified it.

iPad3

 

[ForexForex]

Quote from ForexForex:
03-01-12 06:27 PM

AAPL - iPad3 - March 7 - Buy the rumour, sell the news.

This is my trade setup for Tuesday March 6, 2012. AAPL (and the QQQ) is due for a pullback and they make up 17.5% of the QQQ, QQQ options are cheap. iPad3 is released on Wed March 7, so enter position the day before. I believe that the QQQ puts will out perform the AAPL puts.

Buy March9 QQQ ATM (65 ?) weekly puts on Tuesday 6, should be about $0.60. Sell Thursday or Friday.

AAPL
QQQ

• QQQ @ $63.58
• Buy 10 QQQ Mar09 2012 64.00 Puts @ $0.7170 Commissions included.
• http://finance.yahoo.com/q?s=QQQ120309P00064000

 

[ForexForex]

Quote from ForexForex:

• QQQ @ $63.58
• Buy 10 QQQ Mar09 2012 64.00 Puts @ $0.7170 Commissions included.
• http://finance.yahoo.com/q?s=QQQ120309P00064000

iAnxious

 

[newwurldmn]

Quote from ForexForex:

iAnxious

A 10 lot? Moving up in the world.

 

[ForexForex]

Buy the iRumour, sell the iNews did not bear fruit on this trade. Will let this one expire, probably worthless.